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Integan to select Teleste as a vendor for optical nodes for the company’s cable network upgrade

TELESTE CORPORATION INVESTOR NEWS 20.6.2018 AT 13:00 EEST

INTEGAN TO SELECT TELESTE AS A VENDOR FOR OPTICAL NODES FOR THE COMPANY’S CABLE NETWORK UPGRADE

Teleste announces that it has been selected as a vendor for Integan’s network upgrade project in Belgium. The agreement comprises 700 of Teleste’s AC8810 intelligent 1.2 GHz nodes, which will be delivered during the next two years, starting in September 2018. Owned by the local municipalities in the area of Antwerp, Integan is a telecommunications operator that takes care of a cable network with about 250.000 homes passed. The frame agreement value is estimated to be about one million euros.

Integan’s public bidding process was based on price and product performance as well as delivery and support capability. The company has a long tradition within the cable industry, and today, they are focused on managing and developing a high-quality cable network, meeting the consumers’ constantly growing demands for faster and more reliable connectivity. The deployment of 1.2 GHz nodes further strengthens Integan capabilities as a provider of higher speed data transmission over DOCSIS® 3.1 across their cable infrastructure.

Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to your home, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2017, Teleste’s net sales reached EUR 235 million and on average it had approximately 1,500 employees. Teleste is listed on Nasdaq Helsinki.